Merchandise Planner
Job Description
REQUIREMENTS
- Strong analytical and critical-thinking skills
- Strong business acumen and strong attention to detail
- Excellent communication with the ability to influence and challenge
- Confident, adaptable, and diplomatic (confidence in making decisions and identifying key actions)
- Strong time management and prioritization skills
- Willing to listen and collaborate effectively
- Resilient and able to work under pressure
- 5 years experience in planning for different multiple categories
- Advanced Excel proficiency
- SAP is a plus
RESPONSIBILITIES
- Define the sales plan and OTB to develop the merchandise strategy, using data-driven input from sales trends, market conditions and supplier demands to drive profitable decision making.
- Monitor inventory aging and recommend actions on markdowns and liquidation to achieve inventory targets considering category and brand identity.
- Drive pricing strategy and plan seasonal markdowns by item to maximize sales and gross margin in collaboration with Buying and Retail.
- Assess and highlight risks and opportunities on sales, gross margin and inventory, based on supply or demand gaps, recommending possible solutions.
- Re-plan business in-season based on latest performance and present it to management with recommendations.
- Develop and provide buying with category assortment recommendations plans by channel / region / store which are aligned with the merchandise strategy and proactively suggest improvements to optimize revenue and profitability.
- Monitor inventory mix in each location and recommend seasonal stock transfers, if needed, in order to boost sales.
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